01578cas a2200253 a 4500 AALejournalIMF003565 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451861303 1018-5941 BD-DhAAL BD-DhAAL Burgess, Robert. Migration and Foreign Remittances in the Philippines / Robert Burgess, V. Haksar. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (17 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students International migration and large remittance flows have been prominent features of the Philippine economy for many decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through which remittances affect economic activity. The empirical evidence does not clearly support the purported short-term stabilizing effect on consumption of remittance flows. Furthermore, as in other countries, the longer term economic effect of such flows is ambiguous. Mode of access: Internet Haksar, V. IMF Working Papers; Working Paper ; No. 2005/111 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/111/001.2005.issue-111-en.xml IMF e-Library